L&G completes £285m buy-in with Fortune 500 company

Victoria Tichá
clock • 2 min read

A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).

The undisclosed company appears in Fortune magazine's annual list of the 500 largest US corporations ranked by revenues. The deal, announced today (18 September), is a full scheme buy-in which i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

SG Pension Fund completes £160m buy-in with Aviva

SG Pension Fund completes £160m buy-in with Aviva

Transaction secures the benefits for over 1,900 members of the scheme

Martin Richmond
clock 24 September 2025 • 2 min read
BPA market sees record activity levels in H1 2025

BPA market sees record activity levels in H1 2025

LCP finds total market volumes expected to exceed £40bn for third year running

Martin Richmond
clock 23 September 2025 • 4 min read
Stora Enso UK scheme secures £61m buy-in with Royal London

Stora Enso UK scheme secures £61m buy-in with Royal London

Risk reduction transaction secures the benefits of 758 scheme members

Martin Richmond
clock 23 September 2025 • 2 min read
Trustpilot